Nifty in Oversold Zone Possibility of a Downtrend

Nifty Has entered oversold zone as per the Stochastics. Also a Bullish Pin bar was created confirming a possible downtrend.

The 1st Resistance Level 9760
2nd Resistance Level 9600
3rd Major Resistance at 9460

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It is in overbought zone

Sorry for the error

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Buy Resistance I mean it will be difficult to break the Support Levels I have mentioned above